Property Type: Detached HouseOwnership: Freehold

8388 Princeton Summerland Road

Summerland, BC V0H1Z8

$1,379,000

5 bed3.5 bath7 parking3,439 sqftBuilt 2016
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
10 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,861.07

Interior

Basement
Full
Heating
Forced air, Electric, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Wood, Conventional

Exterior & Lot

Exterior features
Stone, Wood siding
View
Mountain view

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
7 — covered indicated
Features
Detached Garage, Additional Parking

Room Dimensions

RoomLevelDimensions
BedroomSecond level11'1'' x 18'4''
4pc BathroomSecond level7'8'' x 10'4''
2pc BathroomMain level5'2'' x 10'2''
OtherMain level6'4'' x 11'9''
Utility roomBasement10'1'' x 12'6''
StorageBasement7'1'' x 10'6''
Recreation roomBasement23'3'' x 25'2''
BedroomSecond level11'1'' x 18'4''
Primary BedroomMain level16'7'' x 18'3''
Living roomMain level19'3'' x 20'4''
Laundry roomMain level9'1'' x 10'2''
KitchenMain level11'6'' x 21'
FoyerMain level8'1'' x 10'9''
Family roomMain level10'2'' x 13'5''
4pc Ensuite bathMain level8'9'' x 11'8''
Dining roomMain level9'0'' x 13'
BedroomSecond level10'4'' x 14'11''
BedroomSecond level13'8'' x 14'0''

Listing Information

MLS®
10385815
Listed
May 2, 2026
Time on market
On the market for 121 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Orchard Country · Data source: CREA DDF.

Description

This charming craftsman-style home is packed with high-quality features and sits on 10 private hillside acres with stunning valley views, just minutes from Summerland. The exterior boasts beautiful stone and wood accents, and there’s plenty of parking in the 22x22 garage with 10’ ceilings. The yard area is low maintenance offers ample space for entertaining, complete with a fire pit and games area. Inside, the main floor has a bright, functional layout with large windows to soak in the views and natural light. The spacious kitchen features abundant storage, an oversized island, and flows into the dining room, which leads to a covered patio perfect for enjoying Okanagan weather and enjoying the beautiful sunset. The living room showcases a striking concrete hearth with a wood-burning insert for cozy winter nights. The main floor primary suite includes a luxurious ensuite and private patio access, steps to the Hot Tub, alongside an office/den and a two-piece powder room, laundry room with access to another covered area. Upstairs, you’ll find three generously sized bedrooms and a large four-piece bathroom. The basement rec room is ideal for a media space or gym, with extra storage in the partial crawl space. ICF foundation, Located in a peaceful rural setting yet close to town, shopping, and schools. Access to endless crown land trails and also near the Trans Canada Trail (Driveway access by appointment only with an agent.) (id:63159)

Values & Trends

This listing

$401/sqft

Building average

No other active listings in this building

Summerland Rural average

$772/sqft

27 active listing(s)

Parking: 7 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

17°C

Humidity 56%

Wind SW 4 km/h

Tonight

12°

Tuesday

27°

Tuesday night

15°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

12,042

(2021 Census)

+3.7% since 2016

Density: 162.6/km²

Dwellings: 5,426

Median household income: $82,000

After-tax: $74,000

Immigrant population: 12.2%

Top countries of origin (% of total population)

  • United Kingdom3.3% · 395
  • Germany1% · 125
  • India0.9% · 110
  • United States of America0.8% · 95
  • Netherlands0.7% · 85
  • Poland0.4% · 50
  • Hungary0.3% · 40
  • Philippines0.3% · 40

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Summerland Montessori School(Independent)Elementary6.1 km
Summerland SecondaryK-126.3 km
Unisus Junior School(Independent)Elementary7.1 km
Unisus Senior School(Independent)Secondary7.1 km
Trout Creek ElementaryElementary11.0 km
Naramata ElementaryElementary12.6 km
West Bench ElementaryElementary15.2 km
Queens Park ElementaryElementary17.0 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 8.2% ($112,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,103,200.00
Periodic payment — Principal & Interest (monthly)$7,117.47
Additional monthly expenses (strata, tax, utilities, etc.)$493.76
Total monthly cost$7,611.23
Interest paid over 5-yr term$316,180.29
Balance at end of term$992,331.97

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$112,900
Stress test qualifying rate8.09%
Payment you must qualify for$9,735.87

Cash Needed at Closing

Minimum down payment$112,900
Estimated BC PTT$25,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$139,980

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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